Ryan Lochte sees sponsors walk away after Rio Olympics embarrassment

"We appreciate his many achievements and hope he moves forward and learns from this experience."

Three more high-profile sponsors have followed Speedo in cutting ties with United States swimmer Ryan Lochte following his Olympic controversy.

The 32-year-old, having won his 12th Olympic medal at the Rio Games, made news for the wrong reasons in Brazil after fabricating claims that he was the victim of an armed robbery at a petrol station, along with team-mates Gunnar Bentz, Jack Conger and James Feigen.